As Gilead’s HIV, HCV Hull Leaks In Q4, Veklury Plugs Holes

No Signs Of Variant Strain Resistance To Remdesivir

Sales of COVID-19 drug Veklury helped keep sales in the black as the pandemic and generic competition weighed on HIV and HCV products; Gilead raised full-year 2021 guidance.

3D Coronavirus cells
Veklury helped Gilead keep its sales in the black during the fourth quarter and full year of 2020. • Source: Shutterstock

Gilead Sciences, Inc.’s drug for hospitalized COVID-19 patients did much of the work keeping the company’s revenue ship afloat as the combination of the pandemic and loss of patent protection dented sales of its HIV and hepatitis C (HCV) drugs.

The Foster City, CA-based company announced its fourth quarter and full-year 2020 earnings on 4 February, reporting that the quarter’s...

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